About VIPSWALLET
VIPSWALLET is a Retail company based in Pune (India) founded in 2016. It operates an online platform providing discounts on multi-category products. It operates on a B2C model. The company has 29 employees. Its Indian entity Vipswallet Private Limited reported revenue of ₹13.74 Cr. Its focus areas include E-commerce, Discount Services and Multi-Category Products. Its competitors include Dreampot, Cashcry and Dealzy.
Company details
VIPSWALLET operates an online platform providing discounts on multi-category products, focusing on engaging in retail operations, operating online marketplaces, discount services, and multi-category products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Pune, India
- Employees 29
- SectorsRetail
- Website vipswallet.com
- Social X Facebook
- Legal Name Vipswallet Private Limited
- Date of Incorporation 27 Jul, 2016
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹13.74 Cr
FY 2021 · -23% YoY
- Net Loss-₹3.17 Cr
FY 2021 · -23% margin
- EBITDA-₹2.63 Cr
FY 2021 · -19% margin
- Employee Count29
Associated legal entities of VIPSWALLET
VIPSWALLET operates through Vipswallet Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vipswallet Private Limited CIN U74999PN2016PTC165720 | Active | 27 Jul 2016 | Pune, Maharashtra | ₹13.7 Cr | 29 | 2 | View details |
Board of directors of Vipswallet Private Limited (VIPSWALLET)
Vipswallet Private Limited is the primary company behind VIPSWALLET. The board of Vipswallet Private Limited currently have 2 directors; the longest-serving is Kiran Pitambar Anarase, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Pitambar Anarase DIN 06847123 | Director | 24 Feb 2018 | 8 yrs 8 mo | Vipswallet Private Limited |
| Santosh Tukaram Khute DIN 09352950 | Additional Director | 15 Jan 2022 | 4 yrs 9 mo | Vipswallet Private Limited |
Financials of VIPSWALLET
Figures of Vipswallet Private Limited, the primary company behind VIPSWALLET, for FY 2021. Revenue was ₹13.74 Cr (-23% year on year). Net loss was -₹3.17 Cr (-23% margin). EBITDA was -₹2.63 Cr (-19% margin). Revenue has grown at a compounded annual rate of +179% over three years.
- ₹13.74 CrRevenue · FY 2021 · -23% YoY
- -₹3.17 CrNet loss · -23% margin
- -₹2.63 CrEBITDA · -19% margin
- ₹1 LakhPaid-up capital
- 29Employees (provident fund records)
- +179%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vipswallet Private Limited are on its company page.
Detailed financial statements for VIPSWALLET
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Competitors of VIPSWALLET
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dreampot.in | 2020 | Kochi, India | App-based platform offering deals & discounts on multi-category products | |||
| cashcry.com | 2018 | Sultanpur, India | App-based platform offering cashback and offers | |||
| dealzy.app | 2024 | Hyderabad, India | 366 | Offers discounted digital gift cards for shopping on multiple brands online. |
Detailed competitors of VIPSWALLET
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Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as VIPSWALLET (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
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Related news about Vipswallet
Complete news archive for VIPSWALLET
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Frequently Asked Questions about VIPSWALLET
VIPSWALLET was founded in 2016.
VIPSWALLET is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
VIPSWALLET has 29 employees.
The primary company behind VIPSWALLET, Vipswallet Private Limited, reported revenue of ₹13.74 Cr for FY 2021, down 23% year on year.
VIPSWALLET operates an online platform providing discounts on multi-category products, focusing on engaging in retail operations, operating online marketplaces, discount services, and multi-category products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
VIPSWALLET operates through Vipswallet Private Limited.
The legal entities of VIPSWALLET currently have 2 directors, including Santosh Tukaram Khute, Kiran Pitambar Anarase.